Since 2008, the Left has mocked the idea that the government might have had a hand in the housing bubble and collapse and the financial crisis, which are portrayed as spontaneous outcomes of a market economy. This thesis is blasted to smithereens in this discussion with Peter J. Wallison.

Doesn't the market lead to vulgar outcomes, and undermine high culture? Paul Cantor, a member of Ludwig von Mises' NYU seminar, joins us to discuss this and more -- including topics in popular culture, including The X Files and Breaking Bad.

The real truth about Medicare and Medicaid and their true nature and consequences are completely unknown to most people. Murray Sabrin has just released a documentary on the 50th anniversary of their creation setting the record straight, and providing an alternative. Not to be missed!

Ever since we learned in school how a bill becomes a law, we've absorbed the idea that it's normal for law to be imposed from the top down. But it's possible, and indeed the historical norm, for law to emerge in a completely different, more libertarian-friendly way. Join me for a great conversation with Stephan Kinsella!

The fifth Republican presidential debate was last night, December 15, 2015, and Lew and I are on the case. A few surprises and some good lines, but mostly horrifying, save for the good performance by Rand Paul. As always, our discussion is livelier and more illuminating than the debate itself, so don't deny yourself this guilty pleasure!

Judith Curry, a highly credentialed climate scientist, discovered what happens when you question the reliability of the models on which global warming predictions are based. She also discovered that the way science is done in practice might be a teensy bit different from the dispassionate model of Francis Bacon.

I answer some helpful listener questions in today's episode: my concerns about Trump, how I know which opponents to engage and which to ignore, what historical misconception is most important for Americans to overcome, and many more.

The just-war tradition is a much-heralded aspect of moral reflection in the Western world. But does this series of criteria for the acceptability of particular wars really serve the purpose of limiting war? It's a question I've changed my mind on in recent years, and Laurie Calhoun helps me to work through the issue in today's episode.

Michael Malice returns to the show to discuss his debate with me about Alexander Hamilton. This post-game discussion is a lot of fun -- plus, we talk about what could well be the topic for our next live, in-person debate!

Here it is: the audio from the December 2015 debate between Michael Malice and me. Resolved: Alexander Hamilton was a hero for the cause of liberty. Michael argues in the affirmative, and I in the negative. You are going to love it. We're both relentless, and the audience loves it. At the end I reveal the winner.

Stephan Kinsella explains the importance of Rothbard's theory of contract -- a point I myself did not appreciate until this episode -- and contrasts it with mainstream theories, which most libertarians think are the same as their own. We need to get these fundamentals right, so listen in and learn with me!

Today I talk about the social contract arguments we encounter from critics all the time, and how we might answer them. Plus, a digression on entrepreneurship, and how I'm teaching my kids that sitting around hoping someone will hire you is the wrong way to advance your career in the modern economy. Enjoy!